Bullish Patern in Polycab India

14 בספט׳ 2023

Polycab India is in a bull trend on daily charts. After making a high of 5333 it retraced back till 4849 and now after taking support there it has started again moving in its trend direction. It has taken exactly taken support at Kinjun and have potential of making new highs. One can enter at around 5129 with stop loss of 4912 and target of 5333. After crossing 5333 it can show fresh highs. Do comment if you like Ichimoku analysis.